Foreclosures Discussion Archive 12

Charged Off Loan Vs Foreclosure

Posted by R.Smith on February 25, 2005 at 12:01:39:



My Fl. bank tells me they have charged off my loan due to late paymants but they have not placed me in foreclosure yet. I would like to catch up loan payments which I have $$ to do but they refuse to work it out. They claim they will only settle for the entire balance 7K. Land is in Fl.



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